Totts

In December 2024, #ThamesWater was fined £18.2m for "unjustified" dividends, which, #ofwat, the regulator, said broke shareholder payment rules.

Over the five-year period between 2024/25 and 2029/30, the average water and sewerage bill was expected to increase by £157 (36%). However, you'll likely pay even more than this in reality because that forecast figure DOES NOT include more recent bill adjustments or inflation (which will be added on top).

#NationaliseIt

Feb 12, 2025 at 8:21amWeb
Show threadGuy HolmesFeb 12, 2025
@Geri
The continuance of paying dividends while they still show no change in behaviour means the guilty companies (which seems to me to include all English water companies) should be sacked and the assets renationalised.